Posts Tagged ‘Pebblebrook’
Week in Review for April 7 – 13:
- Washington, D.C.-based alternatives manager Carlyle Group prepares for an IPO, which Reuters predicts could fetch as much as $800 million. The initial public offering would bring 10% of its management company to the public.
- The first quarter of 2012 saw a decline in U.S. CRE demand. However, analysts point out, diminishing inventory has softened the impact of this decline.
- After years of growth, big-box stores are losing their appeal for many retailers. This is a consequence of increasing online shopping, which has forced the closures of Circuit City and, more recently, Sears, Kmart, and Best Buy locations. Even retail giants like Target (TGT) and Wal-Mart (WMT) are moving toward smaller-scale retail stores.
- In Washington, D.C., upgrades to Union Station are expected to benefit the area’s nearby commercial tenants.
Commercial Real Estate Week In Review – The Week of July 3-9
- CMBS is returning to middle market loans…just very slowly.
- Holy Schnikies! The U.S. Government Made a good bet! The TARP Program has turned a profit.
- Meanwhile, “Pretend and Extend” is now viewed skeptically. ( When was it not?)
- Commercial real estate bonds are under-performing the broader market. Why?
Commercial Real Estate Week in Review-June 6-12
-Obama to Congress: Get reform bills reconciled before G-20.
-GE Capital to cut real estate portfolio by 50%.
-Cassidy Turley looking to compete with Jones Lang LaSalle (NYSE: JLL) and CB Richard Ellis in commercial real estate.
-JP Morgan (NYSE: JPM) to potentially sell $700M+ in CMBS at 50bps higher than RBS (NYSE: RBS) did in April.